Lou Jiwei says the US and China are heading towards a financial war. Photo: Simon Song

China-US rivalry on brink of becoming a ‘financial war’, former minister says

  • Conflict will be characterised by Washington’s use of ‘long-arm jurisdiction’, such as blocking firms like Huawei and ZTE, Lou Jiwei tells forum in Beijing
  • US has been ‘hijacked by nationalism and populism’ and is resorting to ‘bullying’, he says
Topic |   US-China trade war

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Lou Jiwei says the US and China are heading towards a financial war. Photo: Simon Song
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Tensions between China and US remain high and the spat has gone beyond the tit-for-tat tariff war to include competition in technology. Photo: Reuters

Growing ‘suspicion’ in US of doing business with China, ex-US diplomat says

  • Trade and tech conflict gives US groups long suspicious of China ‘perfect opportunity’ to ‘demonise’ relationship, Mark Brzezinski tells Caixin Summit
  • Current US government approach to China ‘totally inconsistent’ with basis for normalisation of relations decades ago
Topic |   China economy

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Tensions between China and US remain high and the spat has gone beyond the tit-for-tat tariff war to include competition in technology. Photo: Reuters
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